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The "Used Bike Value Guide" in the November issue of MOTORCYCLE CONSUMER NEWS lists your bike at $4385. Doesn't hurt to get as many "ideas" as possible. Good luck with your sale - I miss my RS. There's really nothing quite like it.

I have an airhead for sale. It became quickly obvious that it will be wise to wait until spring to sell.

I have bought several of my bikes around this time of year and a little later. I bought them at this time of year because they were far cheaper. Besides it being winter, the holiday season finds many potential buyers and sellers short of money. Wait until spring approaches along with tax refunds.

'You can say what you want about the South, but I almost never hear of anyone wanting to retire to the North.

I just sold my 2003 R1150R last week to a local buyer who spotted my Craigslist ad. I also had it listed on the MOA Flea Market and the IBMWR websites.
I had picked up an R1150RT a couple of months ago and was out of space in my garage or I would have held onto it until spring when the prices start going up. Even here in the south where we can ride all year, motorcycles tend to be a seasonal item with prices lower in the winter and higher in the summer. Check the net for your model bike for sale in similar climate zones for a good seasonal price. Also watch for the prices on ones that sell quickly and ones that linger for months (usually overpriced, some owners are not realistic).
Good luck with the sale.

What tax refund?
As to pricing, it takes knowledge & maybe experience too. If you spend a lot of time monitoring ebay for final sale prices & look long & hard @ Cycle trader & IBMWR you will get closer to reality.
How old is "too old" to ride?